Schmidt Family Star Foundation

ST GEORGE, UT EIN: 20-8553555

Schmidt Family Star Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST GEORGE, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $298K in total assets. In 2024, it awarded 2 grants totaling $156K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$298K

-12.2% YoY

Annual Giving

$156K

+30.2% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$78K

-34.9% YoY

Under IRS private-foundation payout rules, Schmidt Family Star Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.

About Schmidt Family Star Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $688K (100%)

States

Utah

Cities

Salt Lake City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$297,926	$339,201	$298,836
Revenue	$115,698	$162,000	$150,000
Expenses	$156,973	$121,635	$155,000
Qualifying Distributions	$156,275	$120,000	$155,000
Net Investment Income	—	—	—
Distributable Amount	$28,232	$27,880	$21,784

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Church of Jesus Christ of Latter-day Saints ($96,275), Family Records Inc ($60,000).

Recipient	Purpose	Amount
FAMILY RECORDS INC SALT LAKE CITY, UT	VARIOUS	$60,000
THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS SALT LAKE CITY, UT	VARIOUS	$96,275

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DONNA A SCHMIDT	PRESIDENT	1	—
MONIKA SCHMIDT	EXECUTIVE DIREC	—	—
MATTHEW D SCHMIDT	VICE PRESIDENT	—	—
ROBERT H SCHMIDT	VICE PRESIDENT	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Schmidt Family Star Foundation?

Schmidt Family Star Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST GEORGE, UT. It holds $298K in total assets as of 2024.

How large is Schmidt Family Star Foundation?

As of 2024, Schmidt Family Star Foundation holds $298K in total assets with $116K in annual revenue. It awarded 2 grants totaling $156K in 2024.

Where does Schmidt Family Star Foundation operate?

Schmidt Family Star Foundation has awarded grants in Utah.

What size grants does Schmidt Family Star Foundation award?

In 2024, Schmidt Family Star Foundation awarded 2 grants totaling $156K — an average of about $78K per grant, based on its IRS Form 990 filings.

How much is Schmidt Family Star Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Schmidt Family Star Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Schmidt Family Star Foundation's EIN?

Schmidt Family Star Foundation's EIN (Employer Identification Number) is 20-8553555. IRS Form 990 filing data is available on this page for 2020–2024.